Nippon Life India AIF Appoints Ashish Chugani As New Head For India Alternative Investment Business Nippon Life India AIF has strategies in real estate, sector agnostic credit, venture capital and equity space and has a commitment of over 5600 crore as of March 2023

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Ashish Chughani has over 30 years of experience, working in companies like Tata Capital, Centrum, Citibank, Arthur Anderson, Cambridge Place Investments Management, Ankar Capital Management, and Antfactory to name a few

Nippon Life India AIF Management Limited, a 100% subsidiary of Nippon Life India Asset Management Limited (NAM India), the asset manager of Nippon India Mutual Fund (NIMF), today announced the appointment of Ashish Chugani as the Head of Alternative Assets for its AIF business. Nippon Life India AIF has strategies in real estate, sector agnostic credit, venture capital and equity space and has a commitment of over 5600 crore as of March 2023

"We are delighted to have Ashish on board. AIF is the focus for the company, and we believe his expertise across asset classes would help us grow business both domestically and internationally. We would also like to thank Shahzad Madon with his contribution for his commitment and leadership in leading this business for more than a decade. We wish him best of luck in his future endeavours," said Sundeep Sikka, ED and CEO, Nippon Life India Asset Management Ltd.

In this role, Ashish will lead strategic initiatives and business operations for the development and management of NAM India's AIF business. He will report to Sundeep Sikka, ED and CEO NAM India, in this capacity and will take charge with effect from 1st July 2023.

According to an official statement released by the company, Ashish has over 30 years of experience, working in companies like Tata Capital, Centrum, Citibank, Arthur Anderson, Cambridge Place Investments Management, Ankar Capital Management, and Antfactory to name a few which gave him experience of working across multiple investment asset classes.

Nippon Life India AIF provides differentiated investment opportunities through various unique offerings across diverse asset classes. The firm offers both category II and category III AIF investment platforms.

Wavy Line
Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Related Topics

Career

How to Overcome Imposter Syndrome as a Young Entrepreneur

How to recognize, cope with and overcome the feelings of self-doubt and inadequacy that plague many aspiring business owners.

Growing a Business

How to Disrupt Hustle Culture and Build a Business That Supports Your Wellness

You can leave work at five each day. You can turn off your phone in the evenings and take weekends off. You can exercise. You can be fully present with your family. You will be better for it, and so will your business.

Growing a Business

How to Build a Thriving Community That Will Skyrocket Your Business

Build a strong community, and transform your business with these proven strategies.

Leadership

5 Traits and Characteristics of Successful Entrepreneurs in 2023

Entrepreneurship has become the new trending topic in the business world. In 2023, the entrepreneurial world is expected to flourish more than ever, and it will take a certain set of skills to be a successful entrepreneur. This article highlights what it takes to be a successful entrepreneur in 2023.

Business News

Hedge Fund Pays NYC Interns $20,000 a Month on Average, Sent to Lavish Palm Beach Kickoff

Citadel is known for its over-the-top parties and company retreats.